I find it so interesting that anyone would think you can make those high dollar figures with a robot you turn on. Please if anyone ever had one that gave out a consistent 70% they would be multi-millionairs and would never sell it.
Years ago when I was younger and dumber I traded Forex with a EA(robot). It had that wonderful martingale thing going on. The owner of it claimed it to be the holy gail having great M/M features built in however read what I just wrote somehow money management and martingale doesn't work right. Well I felt great I was making around $2000 a day for a good number of days. I would only run it on a part time basis. One day it was in the evening and I had a bit too much to smoke passed out and left my EA on running full speed on my Mt4. I woke up in the morning not only to the worlds worst hangover but a $20k hit.
the owner of this EA soon had has account blown and frankly everyone did.
On a more positive note and please forgive me I cannot remember the name of this company nor did I bookmark the page but it's a software company for traders. the name is made up of 3 words and I think begins with the Letter S. Anyhow they have this software it's around $1k that will make your own ea or robot automatically you don't need to know a bit of code it does it for you. So lets say you have a very good 60 second strategy all you do is run the way you trade this software anyalizes how you trade and automates it for you. I'm pretty sure 99% of the folks making robots use this company. I was thinking possibly of getting the software myself. I do have a few good strategies but if they were more automated they may just work better and if you have the right broker that has a fast platform you could pump out a hell of lots of trades in a day and do very well..
Cheers
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